34 West St, Newtown, CT 06470
- $1,300,000
- 8
- BD
- 5
- BA
- 4,462
- SqFt
- List Price
- $1,300,000
- Status
- ACTIVE
- MLS#
- 24193609
- Year Built
- 1954
- Bedrooms
- 8
- Bathrooms
- 5
- Acres
- 6.70
- Living Area
- 4,462
- Neighborhood
- N/A
Property Description
A rare opportunity to acquire a five-unit multifamily investment property in the heart of Newtown, Connecticut. Ideally situated just minutes from the town center, this income-producing asset offers investors the perfect combination of strong rental demand, long-term appreciation potential, and the charm of one of Fairfield County's most desirable communities. Featuring five residential units with excellent income potential, this property presents an exceptional opportunity for seasoned investors, those looking to expand their portfolio, or owner-occupants seeking to offset their mortgage with rental income. The property's attractive setting, ample parking, and convenient location make it highly desirable to tenants seeking easy access to local shopping, restaurants, parks, schools, and major commuting routes. Whether your strategy is long-term buy-and-hold, value-add improvements, or generating reliable monthly cash flow, this multifamily property offers outstanding flexibility and investment potential. Newtown continues to attract residents looking for a high quality of life while maintaining convenient access to Danbury, Fairfield County, and New York. Income-producing properties in Newtown are exceptionally rare, making this a unique opportunity to own a valuable asset in a highly sought-after market. Don't miss your chance to secure a five-unit investment property with strong upside potential in one of Connecticut's premier towns.
Additional Information
- Taxes
- $12,210
- Lot Size
- 291,852
- Heating
- Baseboard
- Cooling System Type
- Ceiling Fan(s), Central Air
- Sewer
- Septic Tank
- Water Source
- Private Well
- Fireplaces
- 4
- Basement
- Full, Full
- Exterior Features
- Fruit Trees, Barn/Stable, Deck, Garden, Stable, Patio
- Garage Spaces
- 2
- Parking Spaces
- 10
- Elementary School
- Per Board of Ed
- Middle School
- Per Board of Ed
- High School
- Newtown
Mortgage Calculator
Listing courtesy of Derek Spencer from Scalzo Real Estate. (203) 437-5617 (203) 790-7077
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